NORTHAM PLATINUM LIMITED - TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
NORTHAM PLATINUM LIMITED
(Registration number 1977/003282/06)
(Incorporated in the Republic of South Africa)
Share Code: NHM
ISIN: ZAE000030912
("the company")
TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
Shareholders are advised that the company"s earnings and headline earnings per
share for the six month period ending 31 December 2003 are expected to be
substantially lower than those of the comparable period ended 31 December 2002.
Despite a satisfactory operational performance and a significant increase in the
US Dollar value of the company"s basket of metals, the company"s financial
results have been adversely affected by materially lower Rand receipts as a
consequence of the continued strength of the Rand against the US Dollar.
The company"s forecast earnings and headline earnings per share have not been
reviewed by the company"s auditors. Shareholders are advised to exercise caution
when dealing in the company"s securities on the JSE until the interim results
for the six months ending 31 December 2003 are released.
It is anticipated that the interim results for the six months ending 31 December
2003 will be released on or about 5 February 2004.
This trading statement and cautionary announcement is issued in accordance with
the revised Listings Requirements of the JSE Securities Exchange South Africa,
which became effective on 1 September 2003.
Johannesburg
8 December 2003
Sponsor:
Barnard Jacobs Mellet Corporate Finance
(Pty) Limited
Date: 08/12/2003 03:15:02 PM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
